Russia has received a down payment for the S-400 Triumf (Triumph, US/NATO designation SA-21 Growler) from India, Jane's has been told.
Speaking to journalists at the Dubai Airshow on 17 November, Rostec chief executive officer Sergei Chemezov said that production had already begun on the systems, with deliveries to be completed by 2025.
While declining to specify the amount that had been paid by the country, Chemezov said that negotiations on the system were continuing.
India signed a USD5.5 billion deal with Russia on 5 October 2018 to acquire five S-400 systems for the Indian Air Force (IAF). Jane's reported at the time that the deal was understood to be for about 30 launchers and more than 6,000 missiles and would be concluded without the Indian Ministry of Defence's mandatory 30% offset liability of the overall contract value. Deliveries were initially scheduled to be completed by 2023. However, this appears to have slipped to 2025.
Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihsmarkit.com/janes